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Tag Archives: Credit

Stena Impero: Iran's bet on confiscation of a tanker will limit its credit rating – even among friends

When Tehran confiscated a foreign tanker that "violated international regulations," it resorted to a form of piracy in international waters. At a time when Iran may have begun to make friends and influence people in the corridors of the world, it shows that it can indeed be the power of dangerous instability that its hottest enemies have claimed. The United …

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Credit Suisse was hit by the Fed test as Wall Street boosted payouts

Credit Suisse was the only company on Wall Street that failed the Federal Reserve's annual stress test as competitors from J. P. Morgan Chase to Bank of America were given approval to increase dividends and repurchase shares. The US department of Credit Suisse, headquartered in Zurich, has until October 27 to fix issues that the Fed has found in its …

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You could swallow the weight of a credit card in plastic every week

This plastic contamination comes from "microplastics" – particles smaller than five millimeters – that enter our food, drinking water and even the air. Worldwide, people take on average around 2,000 microplastic particles per week, according to the study by the University of Newcastle in Australia. These tiny particles can come from a variety of sources, including artificial clothing fibers, microbeads …

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Is Amazon's New Credit Builder Store Card Good Deal?

If you have no or bad credit on Amazon and really like to shop on Amazon, consider the new credit card option for big e-commerce. The Credit Builder version of the Amazon Store Card offers 5% cashback on Amazon Prime purchases, no annual fee, and a $ 40 gift card after opening your account (once your opening payment has been …

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GM and Fiat Chrysler Buy Tesla's Approved Credit – TechCrunch

One of the more obscure segments of Tesla's business just got a little more transparent. Recent filings show that GM and Fiat Chrysler have purchased emission-free vehicle loans from Tesla, Bloomberg reported on Monday. Tesla's ZEV loan program is no secret. The company has generated nearly $ 2 billion in revenue since 2010, when it began selling approval credits to …

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Older Americans registered a 40-point decline in their credit rating in the decade since the Great Recession

It's been more than 10 years since the Great Recession put Americans under pressure, and some people's credit ratings are better than others. For all ages, the average for 2018 was 680, still five points below the 2008 average. However, that's only half the story. A decade after the collapse of the real estate market, some people's credit ratings recovered …

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